Analytics Technology
Lunar Rails provides advanced analytics services for blockchain data, enabling deep insights into Bitcoin transactions and on-chain activity.
Lightning Technology
We provides expert integration and support for Lightning Network technology, enabling businesses to process faster, secure, and low-cost transactions.
May 12, 2025
News Roundup — Ethereum Surges Double Digits to $2,400 Following Pectra Upgrade
Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.
Read more
May 5, 2025
News Roundup — Circle Gets Abu Dhabi Regulatory Nod to Expand in Middle East
Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.
Read more
April 28, 2025
News Roundup — Circle Launches CPN with USDC and EURC for Real-Time Settlement, Aiming to Rival Visa and Mastercard in May
Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.
Read more
April 21, 2025
News Roundup — Only 11 Stablecoin Issuers Survive Mica’s First 100 Days
Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.
Read more
April 14, 2025
News Roundup — Metaplanet Becomes 9th Largest Public Bitcoin Holder With Latest BTC Buy
Each week we bring you a round-up of the most important Bitcoin and virtual asset-related stories making waves in the cryptosphere.
Read more
News Roundup
May 19, 2025
News Roundup — Dubai Leads with Crypto Payments, Tether Mints $2B, Robinhood Expands
Major news stories this week;
- Dubai to allow crypto payments for government services in world's first
- Tether-backed Twenty One Capital purchases $458.7 million worth of bitcoin
- Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy
- Robinhood woos Canadian crypto users with nearly $180 million WonderFi purchase
- Tether Mints $2 Billion USDT on Tron, Surpassing Ethereum and Reaching $15B in 2025 Issuance
Story Summaries;
- Dubai is set to become the first government to allow crypto payments across a wide range of public services, following a landmark partnership with Crypto.com. Residents will soon be able to pay fees using digital assets, positioning Dubai as a global leader in crypto adoption. The move is part of the city’s broader strategy to integrate blockchain into its financial infrastructure.
- Twenty One Capital, supported by Tether, SoftBank, and Cantor Fitzgerald, has acquired 4,812 BTC worth $458.7 million. The purchase marks a major step in institutional crypto adoption and aligns with a growing trend of using Bitcoin as a long-term reserve asset. The move highlights rising confidence in BTC’s role in modern treasury management.
- UAE-based Alabraaj has launched a Bitcoin treasury strategy, joining a growing number of institutions using BTC to hedge against inflation and currency volatility. The move reflects the region’s increasing embrace of crypto as part of long-term financial planning, backed by supportive regulatory momentum in the UAE.
- Robinhood is acquiring Canadian crypto firm WonderFi for nearly $180 million, gaining control of Bitbuy and Coinsquare in a push to scale its global crypto presence. The deal marks a 41% premium and signals renewed momentum in North American crypto M&A. Robinhood aims to tap into Canada’s rising retail and institutional crypto demand through this strategic move.
- Tether minted $2 billion worth of USDT on the Tron network in a single day, pushing its 2025 issuance to $15 billion and total circulation above $151 billion. This latest surge makes Tron the leading network for USDT, surpassing Ethereum, and reflects Tether’s dominance in the stablecoin market amid rising demand for faster, lower-fee transactions.
And that’s all for last week’s news! Wishing you a great week ahead!